Implementing the New FASB Rules: Liquidity and Net Assets

m

Financial



Board of Directors, Executive Director, Finance Director



2018

Do you have a detailed plan to implement the new FASB not-for-profit financial reporting standards? During this two-part webinar series, industry experts walked through the conversion of a not-for-profit organization’s financial statements and notes to ensure an efficient and effective implementation of FASB ASU 2016-14. Learn how to overcome the most difficult challenges stemming from this new standard, through examples of various board-designation actions, walking through converting net asset classifications, tips on liquidity disclosures, and expense allocation methodologies that will help Community Action Agencies satisfy the new requirements. Part One of this webinar series addressed liquidity and net assets.

Presented on: May 22, 2018
Presented by: Cathy J. Clarke, CPA & Rachel Flanders, CPA, CliftonLarsonAllen LLP

This is a members-only resource.
You must be logged in to view. Login

Related Resources:

OMB Proposes Significant Changes to the Uniform Guidance

On Friday, May 29, 2026, the federal Office of Management and Budget (OMB) published proposed revisions to the framework governing federal grants management and the use of federal grant funds. The proposal covers Title 2 of the Code of Federal Regulations, including 2 CFR...

Increased Threshold for Reporting Certain 1099 Payments

The One Big Beautiful Bill Act increased the threshold for reporting certain payments made by a CAA to non-employees under the tax code. Starting January 1, 2026, CAAs are only required to issue a Form 1099-NEC or Form 1099-MISC to a single payee if the total payments in a...

Departmental Appeals Board Article Archive

The Department of Health and Human Services (HHS) is the largest grant-making agency in the federal government. HHS’s Departmental Appeals Board (DAB) is responsible for providing dispute resolution services for HHS grants and programs. Grantees can appeal determinations...